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Yuki888 [10]
3 years ago
11

Find the annual rate of interest.

Mathematics
1 answer:
evablogger [386]3 years ago
3 0

Answer:

Thus the annual rate of interest is 11%.

Step-by-step explanation:

Total amount is principal + interest = 2,867

To calculate for the interest amount = total amount - principal

= 2867 - 2350 = 517%.

to find rate, the formula I = PRT is used where P is the principal, R is the rate and T is the time

thus, R = I / PT = 517 / (2350x2) = 517 / 4700 = 0.11 = 11%

Thus the annual rate of interest is 11%

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Use the Trapezoidal Rule, the Midpoint Rule, and Simpson's Rule to approximate the given integral with the specified value of n.
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I guess the "5" is supposed to represent the integral sign?

I=\displaystyle\int_1^4\ln t\,\mathrm dt

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For each rule, it will help to have a sequence that determines the end points of each subinterval. This is easily, since they form arithmetic sequences. Left endpoints are generated according to

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I\approx\displaystyle\sum_{i=1}^{10}\frac{r_i-\ell_i}6(\ln\ell_i+4\ln m_i+\ln r_i)\approx\boxed{2.545}

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